11411 88 Street, Edmonton
2 Storey Tri-Plex for Sale
- MLS®#: E4416133
- Price: $1,525,000
- Bedrooms: 4
- Bathrooms: 3(full) 1(half)
- Year Built: 2024
TRIPLEX w/ 3 LEGAL SUITES (6 RENTAL UNITS) qualifying for CMHC MLI SELECT. Cash-on-Cash Return of 55.79% (SELF MANAGED) or 43.84% (MANAGED) w/ GST rebate, financing, appraisal & legal fees considered. Projected monthly rent is $9,735 w/ annual gross revenue of $116,820 & cap rate of 5%. Cash Flow After Debt Service - SELF MANAGED $24,637 or $15,525 MANAGED. Quick LRT (train) access to Nait, Grant MacEwan, U of A, Downtown, ICE District, Kingsway Mall, Royal Alex & Glenrose Hospital. Three 2-Storey Suites w/ 3 bed/2.5 bath & Three 1 bed/bath BSMT SUITES. 3-bed plan w/ built in bench at entry & 5x5 storage rm. Kitchen w/ pantry, quartz, vinyl plank & SS appliances. Tenants will enjoy 3 large bedrooms, 4pc bath, 4pc ensuite & upper laundry. BSMT SUITES w/ large SOUTH facing windows. Landscaped yard w/ 5 ENERGIZED parking stalls. Be part of Edmonton's downtown gentrification & realize the real estate APPRECIATION many Canadian Cities have seen. Commercial financing required. Rendering used. Ready Fall 2025.
Contact Elisse Moreno About MLS® E4416133
Elisse Moreno, 1.587.400.SOLD (7653) at Elisse Moreno (REALTORS® with RE/MAX Real Estate), Suite 200, 10835 – 124th Street NW, Edmonton, Alberta, T5M 0H4
property information
- Property Type: Tri-Plex
- MLS®#: E4416133
- Style: 2 Storey
- Year Built: 2024
- Total Floor Area: 3,600 sq.ft
Community Information
- Address: 11411 88 Street
- Neighbourhood: Parkdale (Edmonton)
- City: Edmonton
- Postal Code: T5B 3P9
interior
- Included: Dryer, Stacked Washer/Dryer, Washer, See Remarks, Refrigerators-Two, Stoves-Two, Dishwasher-Two, Microwave Hood Fan-Two
- Bedrooms: 4 (Bedrooms Above: 3)
- Bathrooms: Full: 3 / Half: 1
- Rooms Above Grade: 6
- Basement: Full, Finished, Full, Finished
- Floor Finish: Carpet, Vinyl Plank
exterior
- Exterior Features: Back Lane, Landscaped, Paved Lane, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby, See Remarks
- Exterior Finish: Back Lane, Landscaped, Paved Lane, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby, See Remarks
- Roof: Asphalt Shingles
- Front Exposure: West
services & amenities
- Parking: Rear Drive Access, Tandem, See Remarks
- Heating: Y
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